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Land for sale
Land adjacent to 135 Southampton Road, Portsmouth, PO6 4SB
£1
Land adjacent to 135 Southampton Road, Portsmouth, PO6 4SB
£1
Our Summary
- Freehold offers will be considered on either an unconditional or ‘subject to planning’ basis
- We understand the site historically achieved planning permission for a detached bungalow and garage in 1984
- This overage is to fall away upon the grant of a planning permission that adds material value to the site
- Potential for Development, Subject to Planning
Description
This triangular parcel of land, approximately 0.127 acres in size, is situated on Southampton Road in Portsmouth and is currently in a wild and overgrown state with significant tree and shrub cover. The site has a unique location, with the M27 flyover nearby and the sea coast just a short distance away. Historically, the land achieved planning permission for a detached bungalow and garage in 1984, although it's unclear if this was ever implemented. The property is being sold freehold, with offers considered on either an unconditional or 'subject to planning' basis. Additionally, the buyer will pay 50% of any additional sale value achieved if the site is sold as undeveloped land within 5 years of completion, unless a planning permission is granted that adds material value to the site.